Rise in export duty on crude oil, ethylene, other liquefied gases in Russia

04-Nov-10

The rate of customs tariff on exports of crude oil increased in Russia by 9% from US$266.5 to US$290.6 per ton on November 1, 2010. The rate of oil export tariff also grew by 20.3% to US$98.8 per ton in Eastern Siberia. The export tariff on propane, butane, propylene, butilene, butadiene, ethylene and other liquefied gases is fixed at US$116.4 per ton on November 1, as compared to US$61.1 per ton as on October 1.